Hearing Trump was going down to Mexico my first thought thinking as the contractor I used to be was that he was going to pickup a deposit check for the materials for that wall Mexico is going to pay for. Then I thought well maybe if they balk at the price of the wall he going to make them pay for he might be going there to threaten them with a shock and awe military invasion. Ridiculously absurd right? I would think so but then again we are talking about Donal Trump.
Real estate businesses always operate with debt, and one thing that happens when your business is saddled with debt is that you might find yourself “underwater.” In other words, your company’s debts to the banks are larger in value than the price of the real estate assets your company owns.